I believe that oil stocks should start correcting during this temporary oil downturn. I sold all of my oil stocks the first week of December. I am concerned about China opening up. Everybody is celebrating that China has opened. This is great and needed, but I think what is under-estimated is the covid death count coming in January/February. I am currently getting an oil stock shopping list for February. I sold Laredo Pet. the day before a downgrade Dec 5; never been that lucky before! I think Laredo might be a great buy in February. Seems like management is making some good asset decisions (debt reductions, share buy backs, selling unmanaged oil acres). I can't believe how cheap Laredo is. I keep double-checking my numbers thinking my math is wrong. APA is performing well and I am hoping for a correction.
Terrific interview. Thanks for all you do & Happy Holidays
I believe that oil stocks should start correcting during this temporary oil downturn. I sold all of my oil stocks the first week of December. I am concerned about China opening up. Everybody is celebrating that China has opened. This is great and needed, but I think what is under-estimated is the covid death count coming in January/February. I am currently getting an oil stock shopping list for February. I sold Laredo Pet. the day before a downgrade Dec 5; never been that lucky before! I think Laredo might be a great buy in February. Seems like management is making some good asset decisions (debt reductions, share buy backs, selling unmanaged oil acres). I can't believe how cheap Laredo is. I keep double-checking my numbers thinking my math is wrong. APA is performing well and I am hoping for a correction.
Thank you!
Great interview. Thanks for sharing time stamps !!!